Wholesale deal out in TX

[Jrell A.]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $120,000
Cash invested: $5,000
Sale price: $144,000

Have not closed yet, waiting on final docs.

What made you interested in investing in this type of deal?

Close to airport,
ARV $216,000
Very minimal rehab

How did you find this deal and how did you negotiate it?

Our team/contractors collected the data and negotiated the deal.

How did you finance this deal?

Going to be a wholesale

How did you add value to the deal?

Presenting to an end buyer in my network at a deep price

What was the outcome?

Waiting to close

Lessons learned? Challenges?

Source 50%-65% more deals

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Currently looking for a short term business lender